We need 12 years for 40 billion US dollars in damages
Crypto journalist
Anna Anason
Crypto journalist
Anna Anason
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Federal prosecutors have sentenced Terrasdd cats to 12 years in prison for defrauding them of $40 billion in 2022.
In the year According to Bloomberg, the U.S. District Attorney's Office called the Pastryck verdict “excavation” on Thursday as a “classy slop” after referring to the Kiss District verdict as a “mixture” of KWON Engeals.
KWON in 2010 On December 11, they will face punishment, which will require five years after five years.
The 34-year-old South Korean man pleaded guilty to conspiracy and wire fraud charges in August under a 12-year plea deal offered by prosecutors.
However, within the parameters of the law, it reaches 25 years for the role it plays in the Algorithmic fraud.
Prosecutors emphasize systematic market damage
Justice Department Procurement Fraud Disclosures to Consumers CWPON's fraud disclosures on cryptocurrency markets highlight a chain reaction.
Prosecutors specifically cited the collapse's contribution to Sam Bankman-Fried's FTX implosion as evidence of broader systemic damage beyond Terra's immediate investor losses.
KWON was placed in court between 2018 and 2022, apparently agreeing to participate in the method of “deceiving the secretaries” of the laboratory library.
Hiding misrepresentations about Terrace's PEG recovery strategies and the May 2021 jump trade, covering broad risk aversion.
The importance of the schedule increases as the management of the forest has put forward strong-operational-disruptive inspection actions.
Recently, President Donald Trump established Ben Akbar Maker in 2015. October 23
Although the administration apologized, he said that the review was “extremely difficult”.
Defense pepper is Montenegro's arrest and two charges
Kungo's lawyers argue that they have been in “cruelty” for three years in “Monesenigaro”.
The legal team asserts that the enforcement of the extended prison sentence is “far greater than the consequences” of achieving the sentence, especially in a foreign prison.
Defense screening highlighted Kwon's plea agreement and Kwon's plea agreement with prosecutors in the Southern District of New York.
A.D. of transfer
The prosecutors said that the 40 billion dollars were lost from millions of investors who lost 40 billion dollars.
U.S. officials have said they are serving the second half of the sentence and support South Korea's ban on the second half.
Differences differences are broken
With major crypto fraud cases, opposing approaches have found a debate on the consistency of the fines.
All counts indicate that the banker-fried payment was 25 years after the trial, while the $11 billion drug payment order was reduced four years after the sentence.
Kure's guilty plea reduced his exposure to $40 billion compared to FTX's $8 billion fraud.
Lawyers forgery in the Torah Giants federal fraud guidelines typically deal with the Code's five-year questionable front grays when it comes to life imprisonment.
The judge will fix the case, Ers engemayer, Engelmayer, financial fraud cases are known strictly, and most observers have a high impact of victims.
On December 11, the trial of the criminal consultation cooperation, in cases like Bankman's protected cases, the punishment is reduced compared to the trial convictions.
He was arrested in Montenegro in 2023 while traveling with a fake passport, during a long-term battle between the US and South Korean authorities.
He spent nearly two years in the Balkan nation before being deported to the United States in January, where his case became one of the most recent legal awards in the short history of Christopher Columbus.
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